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1201 S 5Th St Philadelphia, PA 19147

For Sale
$2,000,000

Completely renovated six-unit property in booming Jefferson Square.

Property size:
6,528 SF
Lot size:
0.05 Acres

Property Features for 1201 S 5Th St

General Information

Size
6,528 SF
Lot size
0.05 Acres

Building Details

Year built
1940

Source: KW Empower Agent Fazio

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Renovated Six-Unit Corner Property

This is an investor opportunity to own a large six-unit double lot corner property in Jefferson Square, across from Jefferson Square and Sacks Playground. All units are completely renovated. The unit count consists of four two-bedroom, two-full-bathroom units and two one-bedroom, one-bath units. All units are bright and spacious with new stainless steel appliances, mechanical systems, hardwood flooring, and granite countertops. Each unit includes a washer and dryer. There is basement space available to carve out private storage units for each tenant. There is a possible value-add opportunity to add an elevator, as an elevator shaft is already in place. Additional improvements and upgrades include a fire sprinkler and alarm system, freshly painted common area and steps, and an upgraded intercom system. The property is located minutes from Passyunk Square, the Italian Market, Queen Village, and South Street, and within minutes of big box shopping on Delaware Avenue, including Lowe's, Home Depot, and Target. Highway access is within minutes. The property size is 6528 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.152493
Latitude
39.933079

FAQs

What type of property is this?
Apartment building - Completely renovated six-unit property in booming Jefferson Square.
Where is this apartment building located?
The property is located at 1201 S 5Th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: - Six completely renovated units offering immediate rental income (4 two-bedroom/two-bath, 2 one-bedroom/one-bath).; - Double lot, corner property in the rapidly developing Jefferson Square neighborhood.; - Each unit features stainless steel appliances, hardwood flooring, granite countertops, and in-unit washer/dryer.
More about this property
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